New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-03-19
72ll L miles. 4a7 miles.
1852 miles.
TWAS MEXICAN RAILWAY.


.,hr Vim Al lo6 900 OF the Texas Mexican Railway Com
pany bonds (ont of total issue OF sL3ooooo oonus anu
OF said Texas Mexican Railway shares out oi ~
issue % 900 and its interests In oohu Oh
the Corpus Carst Diego and Rio Grande Railroad Oo
many (secured by undery lien said Texas Mexican
Railway Of a total Issue OF $3.50 900 bonds
total issue of 81 OF forty six per cent gold
bonds made by the new Company ana 70 De seoue
nv first the abovedescifbed railroad ana
propery upon TO be constructed and acquired out oil o
proceeds Of (which may be increased by an sd
tapal issue million. approved by the Mexican Ma
tona Company and severaly by majority III
amount OF the and OF the income bonds 10 DE
issued by Company and also by the pledge OF the
net proceeds OF million Mexican dollar subsidy parH
earned and partly he earned from the Mexican Govern
ment The be paid of in whole OF through seeo
ton by drawings part at par on the due da'o OF any
COMMON months previous notice or at par ny u"
ing notice aforesaid subsidy may be avaiaOe
therefor details and the provisions maze ior he a
plaon of the proceeds OF the bonds win more fully appear
by the 3D. 4t 5h 9th and l4th articles Of said Reorsanza
ton Plan.
Mexican concession intended to be transferred to the
new COMPANY for ninety nine years from september o.
1880 as will be Chapter H. Article l. Of said con-
cession. - -,
of the bonds offered s2oooOoO have oeeh
accepted by company IN payment OF one
atok and equipment The unssued balance Of or
s3oOOOOO authorzed to be held in reserve ior poSo
future requirements - o..,
The completion gap in the main line from the CITY OF
Mexico to laredo will greatly shorten the distance by rail-
road between the cities OF Mex co and NewYork
Tho earnings of the National Railway. composed
of sections amounted according to the books OF
Tho comnanv for the year 1885, 81 800 900
and for the year about s500000 gross The COM
many earnings have been EXPENDED upon
the property for construction and bctierments
The bonds not TO DO at the disposal OF
the new company the acquisition Of the title to TIE
above railroad and property and the execution aid
delivery mortgage 10 be given TO secure the above men
toned issue all OF which to be satisfactory to C. C. ea
man. ESQ., of Messrs chOate & Beaman or other
counsel
The unor securities and which the Mexican National
Railroad Company proposes to issue. at present. ares
sl2l6J 900 six per cent Second Mortgage, Series
sia Ies 600 six per cent Second Mortgage. Series
Bonds.
s333500Oo stock.
The undersigned are author
lied TO receive subscriptions 30
the above bonds until Tuesday,
March 92.
Atsea per cent. payable as follows;
$50 per Bond on application.
$500 per Bond allotment
5000 per o LIST June. 1887.
5000 per Bond LIST September. 1897.
s245 per Bond LIST December 1887.
$685. S91-S per cent per
Bond.
Subscribers the option OF paying up In fu under ds
count at the rate OF per centpa
Holders existing First Mortgage Donds OF ue Mex
ican National Railway Company have preferential right to
the offered in proper ton 10 their pres
ent holdings
In Case no allotment made the deposit Will be returned
without deduction where less amount IS allotted than
anped for the OF the deposit will be applied toward
payment amount due allotment Allotment VIII be
made practicable after March ~ Default In pay
ent OF ANY stament as II falls Cue VIII render the pre-.
vious payineuts liable TO forfeiture
Scrip bearer will be issued exchangeabe Tor
bonds when issued. with hayeary coupons attached the
first being June 1888 on or about December l.
next and interest the instruments Will DO paid by the
railroad company until December at the rate OF cent
pa
In the event bonds not being issued tho amount paid
,,rsor subscr,ption TO this will be returned.
A simultaneous issue of these bonds will be
made by MEssRs. MATHEsON g. CO.. LON
non. and MEssRs. WERTHEEM a. COM
pERTZ AMSTERDAM, agents Of MEssRs.
mATHRsON e. CO.. LONDON.
onos ~ tho REORGANIZATION Plan OF October 49, 1885, and
of the Concession September 80 1890 and form
n, scrp are on inspection with and prospecues ana
forms OF application be obtained OF
SPEYER & CO.,
Mills Building.
NEW YORK March Is. 1897